REI Lense

REI Lense

Unlock all features! Tap here to upgrade

$2,895 (target)

123 Alexander St, Cadillac, MI 49601

3 beds • 2 baths • 1708 sqft

Email

This property looks like a bad Mid-Term investment with a projected -3.69% first-year return on $92,760 initial cash invested.

-3.69%

Cash On Cash

5.61%

Cap Rate

0.91

DSCR

$2,895

Rent

-$285

Cashflow

$28,560

Annual

$2,400

Median

$2,354

Avg

25

Samples

Rent insights and distributions

Cash Flow

$2,895 income − $3,180 expenses = $285 out of pocket

Income$2,895Out of Pocket$285Mortgage P&I$1,83263%Property Taxes$2398%Insurance$1254%Management$34712%CapEx$1164%Vacancy$873%Maintenance$1164%Other$31811%

Investment Breakdown

|

Purchase Price

$356k

Downpayment

20.0%

Interest Rate

6.7%

Mortgage Duration

30yr.

Cash To Invest

Total

$92,760

Downpayment

20%

$71,200

Closing costs

1%

$3,560

Rehab

0%

$0

Furnishing

5%

$18,000

Cashflow

Total Income

$2,895

Total Expenses

$3,180

Mortgage P&I

63%

$1,832

Property Taxes

8%

$239

Home Insurance

4%

$125

HOA

0%

$0

Property Management

12%

$347

CapEx

4%

$116

Vacancy

3%

$87

Maintenance

4%

$116

Other

11%

$318

Enter a Property Address for Instant Investment Analysis

Fast and accurate real estate investment analysis